StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end c March: Raw materials Work in process Finished goods Beginning Inventory Ending Inventory $28,500 $25,000 22,000 46,500 79,500 69,000 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor $ 41,800 1,700 63,300 Manufacturing overhead applied 36,800 Selling, general, and administrative expenses Sales revenue 24,500 236,800 Required: 1. Based on the above information, prepare a cost of goods manufactured report. 2. Based on the above information, prepare an income statement for the month of March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on the above information, prepare a cost of goods manufactured report. STORSMART COMPANY Cost of Goods Manufactured Report < Prev 5 of 7 Next >